Dis­eased co­coa tree crop to be up­rooted

Afro Voice (Western Cape) - - Inside -

ABIDJAN: Ivory Coast will up­root 300 000ha of co­coa in­fected by swollen shoot over the next three years, a senior source at the Cof­fee and Co­coa Coun­cil said yes­ter­day. The pro­gramme to elim­i­nate the dis­ease will take out 150 000 tons of the top grower’s co­coa pro­duc­tion ca­pac­ity over the next three years, the mar­ket­ing board source said. – Reuters

Botswana di­a­mond ex­ports fall by 17%

GABORONE: Botswana’s rough di­a­mond ex­ports fell by 17% in 2017 to 36 bil­lion pula (R44.8bn) due to weak de­mand in the sec­ond half of the year, cen­tral bank data showed yes­ter­day. Di­a­mond pro­duc­tion in Botswana comes pre­dom­i­nantly from Deb­swana, an equal part­ner­ship be­tween the gov­ern­ment and An­glo Amer­i­can’s di­a­mond unit, De Beers. The cen­tral bank did not pro­vides fig­ures for the amounts of carats ex­ported. – Reuters

Her­mes bank opens Bangladesh of­fice

CAIRO: “Bangladesh is a key mar­ket as part of our drive to ex­pand our rep­re­sen­ta­tion in high-po­ten­tial fron­tier emerg­ing mar­kets,” EFG Her­mes group CEO Karim Awad said, an­nounc­ing that Egyp­tian in­vest­ment bank EFG Her­mes, one of the largest in­vest­ment banks in the Mid­dle East, had opened a rep­re­sen­ta­tive of­fice in Bangladesh. – Reuters

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